If you have watched The Colbert Report and seen the likes of Nas and Black Star perform on the show, then you know that host Stephen Colbert is a big music fan. And to prove just that, he's putting on his own hilariously titled festival this year called StePhest Colbchella '012: RocktAugestFest.

The lineup includes Santigold, The Flaming Lips, Grizzly Bear, Grandmaster Flash, and Fun. and the show is set to take place Aug. 10 on the U.S.S. Intrepid in New York City. Yeah, he's really taking the "on a boat" thing to another level. Watch the video announcement above.